£291,374
This estimated value is based upon the latest sale price for the house of £165,000 on 5 Apr 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £165,000 | 5 Apr 2006 |
| £165,000 | 5 Apr 2006 |
| £61,000 | 29 Aug 2001 |
| Semi-Detached |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in April 2006 the House Price Index for TYNE AND WEAR was 84.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.591%.Applying this 76.591% change to the original purchase price of £165,000 results in an estimated price of approximately £291,374.
| 5 Apr 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.8 | 149.7 | 76.591 % | £165,000 | £126,374 | £291,374 |
The Postcode Pricing Model uses changes in average sales price within the NE40 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -1.506 % | £-2,485 | £162,514 |
| 3 Month Average | 32.560 % | £53,723 | £218,723 |
| 6 Month Average | 34.744 % | £57,327 | £222,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £45,000 | £45,000 | 6 GREENACRES CLOSE |
| 8 Dec 2023 | £148,565 | £144,000 | 10 GREENACRES CLOSE |
| 1 Sep 2023 | £189,170 | £185,000 | 15 LONG MEADOW CLOSE |
| 4 Aug 2023 | £160,902 | £158,000 | 130 KEPIER CHARE |
| 27 Jun 2023 | £229,601 | £225,000 | 121 KEPIER CHARE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 2 Jun 2015. Using an estimated price of £291,375 means this house is valued at £2,943 per sq meter (£273 per sq foot).
The average size of a house on KEPIER CHARE is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Mollyfair Close | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Shaftoe Close |
| Jul 2024 | Anti-social behaviour | On or near Shaftoe Close | |
| Jul 2024 | Anti-social behaviour | On or near Shaftoe Close | |
| Jul 2024 | Anti-social behaviour | On or near Shaftoe Close |